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The ECB published the account of its December 11-12, 2019 monetary policy meeting on January 16, 2020. It described financial market conditions, including bond yields near -30 basis points for German 10-year bunds and optimism that reduced expectations of further easing.
The account describes past deliberations and does not introduce new policy, so its effect on feed commodity prices is negligible. It mainly signals the policy stance held through early 2020.
ecb.europa.euEuropean Central BankJan 16, 2020After 54 past report events, Euro (USD per EUR) moved a median +0.1% over 5 sessions (59% higher; middle half -0.4% to +0.8%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
